UPDATE 1-Russia's Amtel tyre maker places 10 pct of stock

Newswire

(Adds more details, background and quotes from company official)
MOSCOW, Sept 23 (Reuters) - Russian tyre maker Amtel has agreed the sale of 10 percent of its stock in a private placement, said Troika Dialog, the investment bank which is acting as underwriter for the deal.
A statement issued by Troika on Thursday said institutional investors would be able to acquire shares in Amtel, the country's leading tyre producer, from next week when investor presentations will be held in Moscow and ...

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